Cloning the VM
Copy existing SharePoint VM. In this case I have VS2010 SharePoint Foundation dev VM. I wanted to clone it and upgrade it to Enterprise, to have both VMs in my kit. This was a standalone farm installation with a full SQL 2k8 install.

Throw in some reboots and maybe mix up the order of operations if things don’t go as planned. It is a VM so if things get borked, start over. It is important to rename SharePoint before renaming SQL. I did it like: Rename server, then rename sharepoint, then rename sql. That was bad until I figured out SQL Alias was the only was to repoint the configuration db. Then a couple of reboots or so and good. Ah well. Good luck!